Dow Protocol, a platform focused on tokenizing real-world assets (RWAs), has announced the completion of a $9 million seed funding round. The investment, which closed recently, signals continued institutional interest in bringing traditional assets like real estate, commodities, and private credit onto blockchain networks. Investor Lineup and Market Signal The seed round saw participation from
The digital assets sector isn’t receiving much interest from wealthy asset holders across Asia. While high-net-worth clients in Malaysia and Singapore are still holding onto crypto assets in their portfolios, they are directing new funds towards gold, bank deposits, or alternative financial investments. Cryptocurrency investment funds have suffered their highest outflows of 2026 at the
Something snapped in global markets on Tuesday, and AI fears were right at the center of it. Bitcoin dropped 2.7% to around $63,200 after the U.S. market close, dragged lower as a wave of selling swept through Asian tech stocks on concerns about whether the world’s massive bet on artificial intelligence infrastructure can actually hold
Psalion announced its third and largest venture fund on July 27, introducing a $50 million Singapore vehicle for pre-seed and seed-stage blockchain companies. The firm said Fund III will target infrastructure, middleware, trade finance, real-world assets, stablecoins, decentralised finance and selected consumer applications. The announcement was followed one hour later by Fund III’s first publicly
Something strange happened in the stablecoin market last month. Supply fell by $7.7 billion in June 2026 — the sharpest monthly contraction since the Terra-Luna collapse wiped out nearly a fifth of the entire market in 2022 — yet on-chain activity exploded to levels never seen before. The divergence cuts to the heart of current
South Korea’s Korea Exchange halted trading in KOSPI-listed shares for 20 minutes on July 28 after the benchmark fell 8.02% to 6,213.51. The Level 1 circuit breaker took effect at 10:13 a.m. local time after the decline remained above 8% for one minute. It was the eighth KOSPI circuit-breaker activation of 2026 and the 14th
The stablecoin market contracted in June 2026 even as transaction activity reached a record. CoinDesk Data reported on July 6 that market capitalization fell 2.39%, or about $7.7 billion, to $312 billion. It was the first month-end decline in five months and the largest monthly dollar reduction since the Terra-Luna collapse in May 2022. The
The Hong Kong Monetary Authority (HKMA) has launched a framework to assess banks’ preparedness for quantum-computing threats as the city expands its use of tokenized deposits, digital assets and blockchain settlement. On Monday, the HKMA introduced a white paper on quantum preparedness and the sector’s first Quantum Preparedness Index (QPI). The index gave the sector